A researcher wishes to be 95% confident that her estimate of the true proportion of individuals who
Question:
A researcher wishes to be 95% confident that her estimate of the true proportion of individuals who travel overseas is within 4% of the true proportion. Find the sample necessary if in a prior study, a sample of 200 people showed that 40 traveled overseas last year. If no estimate of the sample proportion is available, how large should the sample be?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
p 40 200 02 q 08 n 38416 or 385 I...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
A study is to be made to estimate the proportion of residents in a certain city and its suburbs who favor the construction of a nuclear power plant. How large a sample is needed if one wishes to be...
-
A U.S. Travel Data Centers survey of 1500 adults found that 42% of respondents stated that they favor historical sites as vacations. Find the 95% confidence interval of the true proportion of all...
-
The Arizona Department of Transportation wishes to survey state residents to determine what proportion of the population would like to increase statewide highway speed limits to 75 mph from 65 mph....
-
The trial balance for Hanna Resort Limited on August 31 is as follows: Additional information: 1. The balance in Prepaid Insurance includes the cost of four months premiums for an insurance policy...
-
What do items 2636 measure?
-
An example of a company(s) that have been fined millions of dollars for legal/ethical violations includes ________. a. Enron b. TOMS c. British Petroleum d. a and c
-
What is the difference between bivariate regression and multiple regression?
-
New employees at Sun Microsystems begin their orientation sessions after being hired with a computer game. It is part of an attempt to integrate new people, improve the image of the company, get...
-
Margaret, a married taxpayer filing a joint return, engaged in two business activities this year. Business A earned $ 4 0 0 , 0 0 0 of profit. Business B incurred a loss of $ ( 9 9 5 , 0 0 0 ) ....
-
ErgoFurn, Inc. manufactures ergonomically designed computer furniture. ErgoFurn uses a job order costing system. On November 30, the Work in Process Inventory consisted of the following jobs: On...
-
In a poll of 1000 likely voters, 5 60 say that the United States spends too little on fighting hunger at home. Find a 95% confidence interval for the true proportion of voters who feel this way.
-
A recent study indicated that 29% of the 100 women over age 55 in the study were widows. a. How large a sample must you take to be 90% confident that the estimate is within 0.05 of the true...
-
Figure 1.42 shows a particles distance from a point as a function of time, t. What is the particles average velocity from t = 1 to t = 3? Figure 1.42 distance (meters) 7 5 3 1 2 s(t) 4 t (sec)
-
What do you think are the main differences between legal rules and other kinds of rules?
-
If senior management appointed you to chair a committee to adopt such a concept, whom would you include?
-
Should statutory exemptions for serving on a jury be declared illegal on a nationwide basis rather than letting each state choose whether to have this type of law?
-
Describe the recent key elements to legislative reform of the Medicare payment structure.
-
The campus food service would like to determine how many people eat in the student cafeteria. List the ways in which this information could be obtained. Which method is best?
-
The Chronicle of Higher Education (August 31, 2001) published data collected in a survey of a large number of students who were college freshmen in the fall of 2001. Of those surveyed, 70.6% reported...
-
KD Insurance Company specializes in term life insurance contracts. Cash collection experience shows that 20 percent of billed premiums are collected in the month before they are due, 60 percent are...
-
When you are testing hypotheses by using proportions, what are the necessary requirements?
-
What is meant by a statistical test?
-
Find the critical value (or values) for the t test for each. a. n = 15, = 0.05, right-tailed b. n = 23, = 0.005, left-tailed c. n = 28, = 0.01, two-tailed d. n = 17, = 0.02, two-tailed
-
A 0.55 kg block of ice is sliding by you on a very slippery floor at 3.5 m/s. As it goes by, you give it a kick perpendicular to its path. Your foot is in contact with the ice block for 0.0035...
-
Write a script called ChangeExtensions that accepts two file name extensions as arguments, and renames all files with the first extension to have the second extension. For example, Change Extensions...
-
Write an HTML document that draws the trapezoid (a rectangle that is wider on one side) below in Canvas. (30,30) 50 50 70
Study smarter with the SolutionInn App